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-As a Perfectly Competitive Firm's Output Increases,its Total Revenue ________

Question 63

Multiple Choice

-As a perfectly competitive firm's output increases,its total revenue ________ and its total cost ________. A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases E) does not change; increases
-As a perfectly competitive firm's output increases,its total revenue ________ and its total cost ________.


A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases
E) does not change; increases

Correct Answer:

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